Euro Currency Index .. WHAT NEXT?

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In general, a rising Euro Currency Index reflects the tendency of falling prices in agricultural commodity markets. On the other hand a falling Euro Currency Index reflects rising prices in agricultural commodity markets.The Euro exchange rates which are forming that index are calculated based on Euro weighted averages against 20 major Eurozone trading partners. The effective exchange rate of the euro is measured by the ECB (European Central Bank). The base period for the Euro Effective Exchange Rate Index is the first quarter of 1999.



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